Guide Price £500,000 - £550,000
Unique opportunity to acquire Circa 13 Acres of Land which arguably includes a building plot to create "165 Smallfield Road", this would, of course, require planning consent from the lpa (Reigate & Banstead).
The current owners will not accept offers that are "subject to planning" or conditional. This is a freehold sale on risk. No applications have been made in modern times.
It appears prior to the current proprietor's ownership, someone attempted a planning application in 1992 (twenty years prior to changes in National Planning Policy Framework) but from the decision notice, we can see it was refused on...
1) Being in the greenbelt (It is no longer in the greenbelt and there is no agricultural or forestry tie to this land).
2) Overdevelopment (clearly the previous application was ostentatious and not in keeping with the dwellings on either side).
The title part that looks in keeping with the plots on either side is 0.39 acres, 21.1 meters across, and 73.1 meters in depth. The building line is approx' 18.7 meters back from the main road and provides a good line of site in either direction to the highway.
The land to the rear which includes scrub, open grass areas and woodland can be explored using Surrey footpaths 374,376, or the Burstow Stream trail (375) see picture 2.
Mortgages cannot be obtained on land therefore this is a "cash buyer only" sale.
The successful bidder, once they have reviewed the title will be expected to put 1% of the purchase price down on reservation in exchange for an exclusivity agreement requiring a 28-day exchange of contracts. Title Register and Plan available on request.
For more information and a quicker response please email; Simon Male - .